We expect AUDUSD to trend down for the next 4 hours. Based on these past JP Inflation Rate YoY news events there is a 80.0% of this.
We expect this to happen because the released value is = 0.5%. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
21 Feb 23:30 |
20 Dec 23:30 |
21 Nov 23:30 |
19 Apr 23:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
